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Havells - About the company

Havells is a public company based in Noida (India), founded in 1983 by Qimat Rai Gupta. It operates as an Electrical equipment manufacturer. Havells has raised an undisclosed amount in funding. The company has 33 active competitors, including 3 funded and 6 that have exited. Its top competitors include companies like Fybros, Polycab and Sturlite.

Company Details

Founded in 1958, Havells India is a electrical equipment company with products ranging from industrial & domestic circuit protection switchgear, cables & wires, motors, fans, power capacitors, CFL, luminaries for domestic, commercial & industrial applications, modular switches, water heater and domestic appliances. Havells owns brands like Crabtree, Sylvania, Concord, Lumiance and has 91 branches / representative offices and 12 manufacturing plants in India.
Social
XFacebook
Email ID
*****@havells.com
Phone Number
+91 **********
Registered Address
904, 9th Floor, Surya Kiran Building, K G Marg, Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001
Key Metrics
Founded Year
1983
Location
Noida, India
Stage
Public
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
7,161 as on Mar 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Public

Havells's IPO details

Havells got listed on Feb 08, 1994.
Click here to take a look at Havells's IPO in detail
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Havells's funding and investors

Havells has raised funding over 2 rounds. Its first funding round was on Nov 17, 2011. Its latest funding round was a Conventional Debt round on May 25, 2012 for $*****. 3 investors participated in its latest round. Havells has 9 institutional investors.

Here is the list of recent funding rounds of Havells:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 25, 2012
5607392
Conventional Debt
7166104
2080982
3645728
8641051
Nov 17, 2011
9693711
Post IPO
8546089
9995035
9454472
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Havells' founders and board of directors

Founder? Claim Profile
The founders of Havells is Qimat Rai Gupta.
Here are the details of Havells' key team members:

Havells' Board of Directors

Havells's board has 14 active members. Anil Rai Gupta is part of team and Puneet Bhatia, Jalaj Ashwin Dani, Ameet Kumar Gupta, Surjit Kumar Gupta, Rajesh Kumar Gupta, Namrata Kaul, Vivek Mehra, Ashish Bharat Ram, Subhash Sheoratan Mundra, ​Upendra Kumar Sinha, Mohandas Tellicheery Venkataraman Pai, Siddhartha Pandit and Prasada Rao Bontha are independent board members.
Here is the list of Havells' board of directors:
Name
Type
Representing
Status
Duration
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Team
-
Current
2y 5m
Independent board member
-
Current
11y 9m
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Independent board member
-
Current
5y 8m
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Independent board member
-
Current
7y 3m
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Independent board member
-
Current
1y 4m
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Independent board member
-
Current
2y 7m
dldlxsn
Independent board member
-
Current
5y 5m
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Independent board member
-
Current
1y 3m
ojrhkwh
Independent board member
-
Current
5y 4m
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Independent board member
-
Current
6y 9m
sqftdsg
Independent board member
-
Current
7y 7m
xlegnqo
Independent board member
-
Current
4y 1m
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Independent board member
-
Current
6y 8m
vjpbs{r
Independent board member
-
Current
7y 8m

Havells' employee count trend

Havells has 7,161 employees as of Mar 25. The total employee count is 4.0% lower than what it was in Mar 24. Here is Havells's employee count trend over the years:
Employee count trend for Havells
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Havells's Competitors and alternates

Top competitors of Havells include Fybros, Polycab and Sturlite. Here is the list of Top 10 competitors of Havells, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Havells
Havells
1983, Noida (India), Public
Electrical equipment manufacturer
-
61/100
2nd
Logo for Fybros
Fybros
1968, Delhi (India), Early Stage
Designer, manufacturer, supplier, and marketer of electrical accessories
$6.08M
60/100
3rd
Logo for Polycab
Polycab
1964, Mumbai (India), Public
Manufacturer of wires, cables, and electrical products
$82.6M
 
54/100
4th
Logo for Sturlite
Sturlite
2009, Bengaluru (India), Unfunded
Sturlite is a leading provider of lighting and electrical solutions
-
-
53/100
5th
Logo for GreatWhite Electricals
GreatWhite Electricals
1963, Mumbai (India), Unfunded
Manufacturer of LEDs lighting products
-
-
52/100
6th
Logo for Legrand India
Legrand India
1997, Mumbai (India), Funding Raised
Provider of IoT devices, modular switches board, and cable management products
-
-
52/100
7th
Logo for Orient Electric
Orient Electric
1954, Delhi (India), Public
Manufacturer of home and kitchen appliances
-
-
51/100
8th
Logo for Syska
Syska
2012, Pune (India), Seed
Diversified electronics brand offering multi-category consumer electronics products
$62M
51/100
9th
Logo for Goldmedal Electricals
Goldmedal Electricals
1979, Mumbai (India), Seed
Manufacturer of electrical switches lighting fans wires and home automation equipments
$718K
51/100
10th
Logo for Crompton
Crompton
2015, Mumbai (India), Public
Manufacturer and supplier of electrical equipment for homes
-
50/100
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Havells's Investments and acquisitions

Havells has made 3 investments in companies including Goldi Solar and Arrivae. Havells has also acquired 1 companies including Promptec Renewable Energy Solutions.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 12, 2025
Investments
2011
Surat (India)
Feb 01, 2022
Investments
2007
Mumbai (India)
Dec 14, 2021
Investments
2007
Mumbai (India)
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See all investments by Havells

Reports related to Havells

Here is the latest report on Havells's geography:

News related to Havells

lockFilter this list
Media has covered Havells for a total of 20 events in the last 1 year, 4 of them have been about company updates and 3 about partnerships.
•
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FAQs about Havells

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